RNS Number : 8513A
Hardide PLC
26 May 2023
 

 

Hardide plc

("Hardide", "the Group" or "the Company")

 

 

Director/PDMR Shareholding 

 

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that Andrew Magson, non-executive Chair of the Company, purchased 24,549 ordinary shares in the Company on 26 May at a price of 12.22 pence per ordinary share.

Following this purchase, Andrew Magson holds 24,549 ordinary shares in the Company, representing approximately 0.04 per cent. of the Company's issued share capital.

The FCA notification in respect of the above, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below.

 

 

 

Enquiries:


Hardide plc

Philip Kirkham, CEO

Jackie Heddle, Communications Manager

 

Tel: +44 (0) 1869 353 830

IFC Advisory

Graham Herring

Tim Metcalfe

Florence Chandler

Tel: +44 (0) 20 3934 6630

finnCap - Nominated Adviser and Joint Broker

Henrik Persson/Abigail Kelly (Corporate finance)

Barney Hayward (ECM)

Tel: +44 (0) 2072 200 500

 

Allenby Capital - Joint Broker

Tony Quirke/ Joscelin Pinnington - Sales and Corporate Broking

Jeremy Porter / Dan Dearden-Williams- Corporate Finance

 

Tel: +44 (0) 20 3328 5656

 

Notes to editors:

www.hardide.com

 

Hardide develops, manufactures and applies advanced technology tungsten carbide/tungsten metal matrix coatings to a wide range of engineering components. Its patented technology is unique in combining, in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency. Customers include leading companies operating in the energy sectors, valve and pump manufacturing, industrial engineering and aerospace industries.

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Magson

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b) 

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Hardide plc

b)

LEI

213800HLAUIIFKMU5G89

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument 

Identification code

Ordinary shares in Hardide plc

  

Identification code (ISIN) for Hardide plc ordinary shares: GB00BJJPX768

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12.22p

 

 

24,549

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

26 May 2023

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

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